Multiple Choice
Payback is frequently used to analyze independent projects because:
A) it considers the time value of money.
B) all relevant cash flows are included in the analysis.
C) it is easy and quick to calculate.
D) it is the most desirable of all the available analytical methods from a financial perspective.
E) it produces better decisions than those made using either NPV or IRR.
Correct Answer:

Verified
Correct Answer:
Verified
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